In today's digital economy, the rise of decentralized organizations has brought new ways of thinking to traditional governance models. The $CATI token is one example of this trend, providing a platform for community members to participate in governance through the non-profit nature of the Catizen Foundation Company. This article will provide an in-depth look at the operating model, governance structure and future development potential of the $CATI token.
Catizen Foundation Roles and Responsibilities
The Catizen Foundation Company, the driving force behind the $CATI token, oversees the governance of the entire ecosystem. The nonprofit’s day-to-day tasks include:
Manage token issuance: Ensure that the issuance of $CATI tokens meets the needs and development of the community.
Supervise resource allocation: allocate resources rationally to promote the sustainable development of the ecosystem.
Sign contracts with candidates: Cooperate with mini programs and games listed on Game Center.
Airdrop tokens: Airdrop tokens to ecosystem contributors to reward them for their participation.
Based on the voting results of the DAO, the token model can be improved, including buying back/burning tokens (e.g., 50% of game center revenue, ecological game assets, etc.), distributing tokens to developers as grants, and other possible Legal way to improve ecosystems. These measures ensure that the $CATI token is transparent and community-driven.
The launch of a decentralized governance model
The DAO governance model for $CATI tokens will launch within 12 months of the TGE (Token Generation Event). This period allows the Catizen team to pilot various in-game models, gather user feedback, and facilitate a smooth transition to the DAO governance model. This process not only enhances community participation but also ensures the effectiveness of the governance model.
Proposal and voting process: Catizen DAO’s proposals and voting will be implemented through the TON Vote platform. This process includes the following steps:
Intention survey: Community members initiate discussion on the proposal on the forum and vote through Catizen’s Snapshot space. If the proposal receives support from at least 1% of $CATI holders within 3 days, it moves to the next stage.
Consensus Survey: A formal discussion of potential proposals, followed by snapshot voting. If you get at least 4% support within 5 days, you can move to the next phase.
Submit a governance proposal: The edited and audited proposal will be submitted to the governance portal for on-chain voting. A seven-day voting period will determine whether the proposal passes.
Governance proposal execution: Passed proposals will be queued in a time lock and executed.
Proposal status
The status of each proposal will be updated based on the different stages, including:
Pending: Waiting for members to delegate weight to the delegation address.
Active: The proposal is in the voting stage.
Canceled: The proposal has been cancelled.
Failed: The proposal failed.
Success: The proposal was successfully passed.
Queued: The proposal is in the execution queue.
Expired: The proposal has expired.
Executed: The proposal has been executed.
Governance Indicators and Future Outlook
The success of the governance model relies on effective proposal submission and approval conditions. For Catizen, phase one requires at least 1% approval votes, and 4% support in the consensus survey. Ultimately, proposals that receive at least 7% of the total votes will be deemed successful.
As the $CATI token ecosystem matures, it is expected that more community members will participate in the governance process. This will not only increase the liquidity of the token, but also further promote community cohesion. Through continuous improvements and adjustments, the governance model of the $CATI token will be able to better meet the needs of the community and achieve sustainable development.
in conclusion
The decentralized governance model of $CATI token is not only a challenge to traditional governance methods, but also an exploration of the future digital economy. As the Catizen Foundation continues its efforts, community members will be able to play a greater role in this ecosystem. In the future, the $CATI token will not only be a digital asset, but also a symbol of community governance and participation. With a transparent governance process and community-driven decision-making mechanism, the future of the $CATI token is undoubtedly bright.